The capital allocation for my Department for 2022 was €552 million: €538 million funding under the National Development Plan (€534 million core funding, €4 million temporary National Recovery and Resilience (NRRP) Funding) and €14 million funding from the Shared Island Fund.
As at Budget 2023 the capital allocation to my Department increased to €588 million. This consists of €579 million funding under the National Development Plan (€559 million core funding, €20 million temporary NRRP funding) and €9.5 million funding from the Shared Island Fund.
The 2023 figure in the National Development Plan of €579 million includes €20 million temporary NRRP allocation but excludes €9.5 million allocated through the Shared Island Fund.
The movement in my capital allocation is detailed in the table below, as published in the Budget 2023 Expenditure Report, page 111.
Capital Expenditure
|
€million
|
2022 Capital Allocation as per Mid-Year Expenditure Report
|
548
|
National Development Plan Increase
|
10
|
Shared Island
|
10
|
Capital Expenditure Ceiling (Core)
|
568
|
|
|
Additional NRRP Allocation
|
20
|
Capital Expenditure Ceiling Total
|
588
|